CNI (Canadian National Railway Co) EBITDA Margin %: 51.13% (As of Mar. 2026) — Near Median


CNI Canadian National Railway Co CNI
91 GF Score
Price $115.91
GF Value $114.56
Valuation Fairly Valued
! 6 Warning Signs
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What is Canadian National Railway Co EBITDA Margin %?

Canadian National Railway Co CNI +0.88% 91 EBITDA Margin % is 51.13% as of Mar. 2026, which is 3% below its 10-year median of 52.61. GuruFocus rates CNI with a GF Score™ of 91/100 and a GF Value™ of $114.56 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,007 Transportation companies, Canadian National Railway Co ranks better than 92.06% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Canadian National Railway Co's EBITDA for the three months ended in Mar. 2026 was $1,632 Mil. Canadian National Railway Co's Revenue for the three months ended in Mar. 2026 was $3,192 Mil. Therefore, Canadian National Railway Co's EBITDA margin for the quarter that ended in Mar. 2026 was 51.13%.


Canadian National Railway Co  (NYSE:CNI) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Canadian National Railway Co EBITDA Margin % Related Terms


Canadian National Railway Co EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Canadian National Railway Co's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Canadian National Railway Co EBITDA Margin % Chart

Canadian National Railway Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.06 52.84 53.64 50.66 52.68

Canadian National Railway Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.17 53.11 53.64 52.84 51.13

CNI vs UNP, CSX, NSC: EBITDA Margin % Comparison

For the Railroads subindustry, Canadian National Railway Co's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Canadian National Railway Co EBITDA Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Canadian National Railway Co's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Canadian National Railway Co's EBITDA Margin % falls into.


CNI
91GF Score
Canadian National Railway Co CNI
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Canadian National Railway Co EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Canadian National Railway Co's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=6607.466/12543.675
=52.68 %

Canadian National Railway Co's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1631.924/3191.691
=51.13 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 51.13% mean?
Canadian National Railway Co (CNI) has a EBITDA Margin % of 51.13% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Canadian National Railway Co and its competitors. This is near median its historical median of 52.61. Over the past decade, Canadian National Railway Co's EBITDA Margin % has ranged from 48.22 to 59.06. According to the industry distribution chart, Canadian National Railway Co ranks #80 out of 1007 companies in the Transportation industry, placing it in the top 7.9%.
Is Canadian National Railway Co's EBITDA Margin % too high?
Canadian National Railway Co's current EBITDA Margin % of 51.13% is near median its 10-year median of 52.61. Over the past 10 years, this metric has ranged from a low of 48.22 to a high of 59.06. The Transportation industry median EBITDA Margin % is 13.69. Canadian National Railway Co's value of 51.13% is 273.5% above this industry median. Based on the distribution chart, Canadian National Railway Co ranks #80 out of 1007 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Canadian National Railway Co has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canadian National Railway Co's EBITDA Margin % compare to UNP and CSX?
According to the Transportation industry distribution chart, Canadian National Railway Co ranks #80 out of 1007 companies for EBITDA Margin %. This places Canadian National Railway Co in the top 8% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 13.69. Canadian National Railway Co's value of 51.13% is 273.5% above this benchmark. Historically, Canadian National Railway Co's own EBITDA Margin % has ranged from 48.22 to 59.06 over the past decade. While the company's 10-year median is 52.61 vs. the industry median of 13.69, Canadian National Railway Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Transportation company?
The median EBITDA Margin % among Transportation companies is 13.69, based on 1,007 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canadian National Railway Co's current EBITDA Margin % of 51.13% is 273.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Canadian National Railway Co and its competitors. For the Transportation industry, the median EBITDA Margin % is 13.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian National Railway Co's current EBITDA Margin % is 51.13%, which is near median its own 10-year median of 52.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian National Railway Co stock overvalued right now?
Based on GuruFocus' analysis, Canadian National Railway Co (CNI) is currently considered Fairly Valued. The stock's GF Value™ is $114.56, compared to a current price of $115.91 — trading 1.2% above its estimated fair value. The current EBITDA Margin % is 51.13%, which is near median its 10-year median of 52.61 and 273.5% above the Transportation industry median of 13.69. Canadian National Railway Co's overall GF Score™ is 91/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Canadian National Railway Co (CNI), the current EBITDA Margin % is 51.13% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Canadian National Railway Co (CNI) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian National Railway Co stock appears to be overvalued. The current stock price of $115.91 is trading 1.2% above its estimated GF Value™ of $114.56. GuruFocus considers Canadian National Railway Co to be Fairly Valued.

Key valuation signals for CNI:

  • EBITDA Margin %: 51.13% (near median its 10-year median of 52.61)
  • GF Value™: $114.56 vs. price of $115.91 (1.2% above fair value)
  • GF Score™: 91/100 with 6 warning signs
  • Industry Position: 273.5% above the Transportation median (#80 of 1007)

No single metric tells the full story. See the CNI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Canadian National Railway Co Business Description

Address 935 de La Gauchetiere Street West, Montreal, QC, CAN, H3B 2M9
Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2025, CN generated CAD 17.7 billion in revenue by hauling intermodal containers (22% of consolidated revenue), petroleum and chemicals (21%), grain and fertilizers (23%), forest products (10%), metals and minerals (11%), automotive shipments (5%), and coal (5%). Other items constitute the remaining revenue.
91GF Score

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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$115.91
Price
$114.56
GF Value